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CNN
Sep 12, 2012 9:00pm PDT
." >> breaking news. not far from the united states embassy where rioters tore down the american flag. much more on that in a minute. flags flying at half-staff in memory of the united states embassy christopher stevens and three other americans killed last night at the u.s. consulate in benghazi, libya. president obama has ordered that flags fly at half-staff across the united states and at embassies around the world until sunday night. i'm wolf blitzer in for piers morgan. earlier today, the republican challenger, mitt romney blasted president obama for what he characterized as, quote, an apology for america's values over the storming of the u.s. embassy in cairo. >> an apology for america's values is never the right course. >> the president fired right back in an interview tonight with cbs news. >> governor romney seems to have a tendency to shoot first and name later, and as president, one of the things i've learned is you can't do that, that, you know, it's important for you to make sure that the statements that you make are backed up by the facts and that you've thought through the ramific
CNN
Sep 12, 2012 2:00am PDT
is that the undocumented would then stay in the united states. so some people not liking this. >>> a single mother of 4 losing big time against the big-time record labels in the minneapolis "star tribune." an appeals court reinstating a jury's decision to level. listen to this, a $222,000 judgment against jamie thomas rassett. the court reduced damages to $54,000. the recording industry accused her of illegally downloading more than 1700 files. >>> all right, while you were sleeping a decision made thousands of miles away that will have a dramatic affect on the world economy and your stock portfolio. yeah, a court across the world that holds the global economy in its hands. the story coming up. [ female announcer ] caroline penry began using olay total effects in 2001. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. thanks to the trusted performance of olay you can challenge what's possible. 60 years, millions of women, real results. but proven technologies allow nat
FOX Business
Sep 27, 2012 4:00pm EDT
with the united states. we are your number one exporter relation between colombia and the u.s. do you feel that the current administration is doing enough to encourage colombian trade? is there something more that can be done? what is your wish-list for your country related to the united states? >> but at least to have congress ratify the free-trade agreement with colombia, the free-trade agreement we negotiated and closed with the united states during the previous administration. liz: david has one more question. david, go ahead. david: it is related to the problems in mexico. as you know corruption is endemic in mexico. there is so much corruption that has gone on for so many decades in mexico. again a lot of businesses are reluctant to get in because of that. if you're going to clean up the drug problem in mexico as you did in colombia, you have to deal with corruption. particularly among the police who are supposed to go after the drug dealers, not work with the drug dealers. how do you deal with a corruption problem in a place like mexico? >> no, no. i can not speak about mexico. i ha
CNN
Sep 21, 2012 6:00am PDT
the region the united states shut many diplomatic facilities because friday prayers often fueled mob rage. some of the ugliest violence, thou though, is in pakistan. in peshawar, protesters set fire to two movie theaters. joining us live from islamabad with more, good morning. >> reporter: good morning, carol. a national holiday, a day to show your love for the approvest muhammad. it turned out to be a day where many pakistanis showed their anger against america, demonstrations in every major city in pakistan and sometimes it got very violent. one news van driver in the city of peshawar shot and killed. here in the capital of islamabad, protests are dying down. here is what it looked like earlier today. friday prayers have just concluded. what we're seeing are some of the largest and most intense protests yet here in pakistan. now what you see over there are shipping containers. police are using them to block off the path to the diplomatic enclave. that's where the foreign embassies are, u.s. embassy, french embassy. now what you seem to have here is some people urging protesters to rush
CNN
Sep 24, 2012 1:00pm PDT
of state tonight. addresses the united nations tomorrow. but he's also made some time in his very busy schedule to tape an appearance on "the view." not necessarily everyone is all that happy about that. let's bring in our chief white house correspondent, jessica yellin. give us a little background here. >> reporter: hi, wolf. not everyone is happy because he's not taking any sitdown meetin with other heads of state, including with israeli prime minister benjamin netanyahu. the two leaders aren't even in new york city at the same time. the president is making this one a very quick trip before he hits the campaign trail again. heading into a big week, president obama was asked if he's under pressure from israel's prime minister to step up his efforts against iran. he told cbs -- >> i am going to block out any noise that's out there. >> reporter: the romney campaign bounced, accusing the president of a chronic disregard for the security of israel. and he's taking heat for this, too. the president arrived in new york a day ahead of his big speech to the united nations. and he sat down for
FOX News
Sep 17, 2012 12:00pm PDT
a strong economy for hispanic or any other voters in the united states. mr. romney will make the art his proposals are better and point out that president obama has a candidate promised to make illegal immigration reform a priority. in romney's prepared remarks he will say the obama administration never bothered to come up with a bill. he will argue that the latino community has been hard hit bit obama economy insofar as the unemployment rate is 8.1 percent but among hispanics it is well over 10. this is an attempt by romney to emphasize his economic experience, his ability to create jobs is superior to the president and will help out on the domestic agenda. the romney campaign is trying now to illustrate to reporters and the public that it will make itself available on a host of other issues and be prepared to deal with the news of the day and the cycle and the world, particularly if life the chaos that ensued last week overseas. >>shepard: understood. a lost leaks from the campaign and reports of mitt romney about to adjust the message. what is the real deal? >>carl: well, the real dea
CNN
Sep 22, 2012 7:00am PDT
if this is going to silence his partisan critic in the united states senate who would like to keep control of the united states senate? i don't think so. >> will it even silence republicans? because some have said that no matter what romney releases, that this is not going to end. >> you know, i think that this whole tax release thing is basically a media invention, a partisan invention. he had released two years. now he's released three years. i don't think the public is interested. gallup yesterday released a poll that was really stunning, that the u.s. trust of the media is at an all-time low. 60% of americans have little to no trust in the media, particularly now that we're going into the election season, because the media -- we're chasing these silly stories like the tax returns or the hidden videos and we're not getting to the meat and the substance of the different candidates, of mitt romney and president obama, their policies, whether they're successful or not, and what that means for the future of this country. we're focusing on the wrong things. >> all right, well, let's get back
CNN
Sep 25, 2012 1:00pm PDT
is not a challenge that can be contained. it will threaten the elimination of israel. the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> reporter: after his remarks, he crossed town to the clinton global initiative where he addressed an issue with potential appeal to evangelical and women voters, human sex trafficking. >> that's slavery. it is barbaric and it is evil and it has no place in a civilized world. >> reporter: wolf, on other top foreign policy concerns, he addressed the crisis in syria, he mentioned the withdrawal of troops from iraq and the draw down from afghanistan and the trouble between israel and the palestinians. but that was all. he essentially was checking the box on all those fronts. and no mention at all of china. in essence, wolf, this was a speech about the two crises that have consumed foreign policy discussion during the u.s. campaign. the tension between israel and iran and now this most recent crisis in libya, wolf. >> with six weeks to go until the election, jessica, tomorrow i take it he's right back out there in the swing states
FOX Business
Sep 14, 2012 11:00am EDT
the president of the united states. there are things that can relieve the price of oil we are not doing. dagen: is it healthy that this is not the kind of shock that we saw in 2008 where it will spike above $100 a barrel, was $135 a barrel at the high. oil has remained relatively high for the american people in the last few years and got me chance to learn to live with it. >> that is true but also hurts everybody. certainly the lower end of the economy if you are a person who has to drive a long distance to work and you have to shell out that much more for your pay, it is a problem. natural gas is going to be a substitute that will have its day. we have an unlimited supply. dagen: would you invest in oil and commodities? >> i am already invested in oil and commodities to a great extent because as i said inflation is a genie in the bottle that will get out sooner or later and ben bernanke and all the politicians in the world can't bribe themselves enough to keep it in. dagen: it would take a healthy economy to trigger that and this economy is not. >> it does not take a healthy economy to trigge
FOX Business
Sep 17, 2012 1:00pm EDT
been going in terms of violence, and also, he says this is not over yet because if the united states does not respond appropriately to his mind, which means punishing those involved with this film, he says these protests could continue. i said, what do you want to have dope to the filmmakers? he said, well, i'd like to see them tried in front of a sharia court meaning if they don't repent for insulting the prophet, he thinks they should be executed. that shows how quickly, simply how a jihadist leader talks about an anti-american protest brings out a few thousand people in front of the u.s. embassy. that shows the ground swell of anti-americanism now taking place in cairo. back to you. tracy: leeland, out in cay row, thank you very much. ashley: continuing with rising tensions in the middle east, oil traders growing more concerned as conflicts spread west to oil rich nigeria. phil flynn has more on this. are you concerned then, phil, what's going on in nigeria? >> i am right now. see, egypt doesn't produce a lot of oil, and because we built in good buffer of supply in case of a disru
CNBC
Sep 28, 2012 9:00am EDT
this morning. they'll just try to get a share of the touch screen market in the united states. to your point about cash going out, more smart phones being sold than expected it is still a big shortage so the move today, is that indicative of -- >> they're not going out of business. >> even though the core operations remain unprofitable. their cash build was 2.3 from 2.2 on the quarter. >> they had more cash than previously. >> and their shipments continue to go down. they bleed people. >> you have the developing countries now. >> the pricing pressure is greater. >> there's always ban thought someone would buy them. but people felt why buy them because they'll run out of money and when they run out of money you can get them for nothing and you get all that intellectual property for nothing. there's a lot of companies that wish they had that keyboard patent. maybe that is worth something. i'm just saying that, look. i want the blackberry 10 to ship earlier. i thought becky's interview was terrific. it's very difficult to be as negative as you might have been before knowing that the restructuri
FOX News
Sep 21, 2012 1:00pm PDT
,000 people have been massacred and the president of the united states doesn't even speak on their behalf. they believe that america is weak and we are withdrawing. that is what it is all about. >>neil: with the more violence the more the folks are inclined to say, to hell with him. i had ron paul on a couple of days ago and i mentioned to him, you thought it was a good idea to encourage the moderates throughout the middle east, particularly places like libya and he took a different view. listen to this reaction. >> it doesn't do any good. what good was the $40 billion or so we gave to mubarak in egypt? it fell apart. there is chaos there now. i would say it was a bad investment from the beginning. >>neil: that view is no more good money after bad? >>guest: i wish that senator paul, who has never traveled to that part of the world, would have been with me on july 7, me and ambassador stevens, when thousands of people in tripoli said, thank you america, thank you. look, the moderates just won the election in libya. this is an attempt of the extreme muslims to take over through use of arms
NBC
Sep 28, 2012 3:00am EDT
's about 1.2 million people infected with hiv here in the united states, jim, and about 20% to 25% of those individuals are unaware that they're infected. and what's most concerning is it's those individuals who are infected but unaware. they're responsible for 50% to 70% of the forward transmission. so our objective is to put as many tools out there as we can to make it easier for people to know their hiv status. >> do you envision a world where someone has unprotected sex, they would go to the drugstore and get this within 72 hours? >> we have spent a lot of time making sure consumers can understand the appropriate use of this product. it's not designed to detect infection immediately after someone is infected. but it's exactly the same technology that's used in doctors offices, hospitals and the public health market. this is the rapid leading hiv test in the united states and now we're making it available to consumers. >> our show has been focused on hepatitis c as the biggest opportunity in medicine. you've got a test for it, but you just don't think -- you talk about it as a billion do
NBC
Sep 5, 2012 3:00am EDT
day now. let's take the three big bad/good battlegrounds. china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single-handedly kept the global economy afloat during the global recession as the chinese communists figured out how to spur domestic spending. but after playing the role of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, much of the slowdown in china seems somewhat self-inflicted. when the purists realized it overstimulated the economy, governments hit the brakes and in many ways still seems like it's happening. the hope is that the chinese will stop stepping on the brake pedal but start cutting rates, adding real ago taken to the downshift in their economy. how about europe? the european central bank meeting this week and we're expecting to hear some chatter in unison that's going to reverse the declining economies over there and maybe unite to save the spanish ba
CNBC
Sep 11, 2012 9:00am EDT
competitors to step up the game in order for mcdonald's to start missing here in the united states. what will mcdonald's force to be done? and will that be good from an investor standpoint? how much will they have to give up maybe in terms of margins in order to get those customers back, for instance? >> you know, i think it's a combination of being more aggressive on the dollar menu. they will give a little bit on the margin side and we have near term caution on that particular point. but i also think they have a pretty nice product pipeline shaping up for 2013, which gives us excitement, and it's one of the reasons why mcdonald's is one of our favorite medium term names in the space. we do have some caution based on more difficult comparisons that show up in the fourth quarter as well as the threat of higher food costs that are going to pay out early next year. >> we should point out that with 104th on the price target. jim, we hear again from r.j. about food costs. actually the flip side of this is that we have a very weak labor market in the united states. so for as long as we're not
CNN
Sep 5, 2012 10:00am PDT
here in the united states of america. >> the problem with saying that these are good jobs is the facts don't seem to support it. some of of the jobs were temporary and paid for by the stimulus or perhaps census work or that sort of thing. so they did not last. and some of the jobs are not worth the jobs that we lost. a variety of studies say we lost more middle to upper income jobs an gained more lower level jobs. the simple truth is that the numbers may be technically correct in some of the claims, but when you look at all of the details, there is an awful lot more that needs to be seen. this is tom foreman, charlotte. >>> the b.t. founder bob johnson was not a fn of president obama four years ago, so what has actually changed? we will talk to him live in a moment. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ ♪ ♪ ♪ there's another way to help
CNBC
Sep 17, 2012 9:00am EDT
the united states does not talk about trickle-up economics, take that 80%, educate them, make them pay taxes, and stop charging the top 5% more and more for what they create. why is that conversation not happening here? >> well, that's part of why inet, the institute for new economic thinking, was founded. james heckman at university of chicago and nobel prize-winning economist and i are working on a major program. we have 179 people worldwide on early-age human capital, early-age education which includes public health. >> you just have to put more resources into the education system to make it work. >> and better allocation of incentives, absolutely right. you're talking about a national tragedy. >> the word "resources" is loaded especially this week when we've got chicago teachers facing a potential injunction. >> yes. >> overturning citizens united, right, is not going to -- is not going to pacify what's happening outside. >> mm-hmm. >> neither is paying teachers more or giving them a shorter school year. right? >> i think if you paid teachers more, say relative to other professions, you
NBC
Sep 20, 2012 3:00am EDT
30 times before it runs out of room to ignite that economy. unlike europe and the united states, the policy makers in china have plenty of room to maneuver, and that fact seems to be endlessly forgotten by the bears who point this out daily. sure, many of their banks are bankrupt. i'm not saying that i don't trust -- hey, they built a ton of bridges and tunnels to nowhere, but never underestimate the problem-solving power of cash on the balance sheet. and china's got cash up the yazoo if not the yangtze for good measure. then there is the united states. here we have the fiscal cliff. the fiscal cliff is something we have moderate control over because it's a question of political will. it can be resolved. anything that can be resolved will be dealt with in some fashion. and i think that's why the stock market has been climbing despite the obvious chasm ahead of us. sure, there are other reasons that could cause the selloff stocks. stocks have had a big run. valuations getting stretched if we have little growth ahead of us. twice in the last month federal express, man, they disapp
FOX Business
Sep 11, 2012 11:00am EDT
about the united states and how that relates to what israel does against iran and what we do again to stop iran from developing nuclear weapons? >> it is a really interesting statement from netanyahu. hillary clinton came out yesterday and said no deadlines. i think the israelis want a firm deadline from the united states on when we will do military action because ultimately if you look at this operation, yes, the israelis can hit something, yes, they can do some damage, but only with the united states, only with our b-1 bombers and cruise missiles can you do significant long-term damage to the nuclear facilities in iran. so the question is, yes, the israelis could go alone, but it is always far more optimal to get on board with the united states. so i think this issue is going to remain a live issue into 2013, because i don't see how we have an off ramp. dagen: right. helima terrific to see you. we covered so much in little time. next time more time i promise. >> thanks. connell: new book that's come out from bob woodward. we will talk about that book on the day in which boehner h
FOX Business
Sep 12, 2012 1:00pm EDT
how the united states is responding next. first as we do every day at this time of day, check out how oil is moving right now based on that news out of libya. not moving much at all. down 11 cents. $97.11 a barrel. before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathin
FOX Business
Sep 24, 2012 11:00am EDT
: all electric. i can understand the resistance in the united states. if we're talking about other countries, fair enough. and that's been its niche market. charles: it is a niche market but big enough market for an individual company like tesla where if you are trying to ram them down everybody's throats ala the volt. i think anybody who buys the roadster isn't going to be worried about the distance on the charge, the cost. when you have 100 grand to blow on a car, those are things that you aren't really --. i think the stock goes to 38. cheryl: thank you very much, charles. we will see you next hour. it is quarter past the hour right now. stocks now and every 15 minutes. nicole: this stock is doing really well today, take a look at the shares are faring right now. tivo has come to an agreement with verizon. it said that verizon actually agreed to pay over 250 million dollars to settle pending patent litigation over video services. considered great news for tivo, up about 5% today. let's take a look at major market averages right now. the dow jones industrial average down 25 point
FOX Business
Sep 24, 2012 1:00pm EDT
countries like the united states are already past the 50% penetration market. you got the smart phone. the incremental advantage of a new one, you know, is much less than the advantage for the future phone to a smart phone. >> people always trade up. you don't have total saturation. if you have one, you expect to get the new model, you drop it, you break it, it's note like you're not going to get another one. the expectations, the growth is exploding. 50 million iphones sold in the december quarter; right? that's the base bar. you know, that's the expectation. apple needs to beat that hurdle to keep forward momentum. when you only sold 150 million total units in the june quarter alone, worldwide among all the vendors, a third of the marketplace, is it poll? of course it is, but can they make them fast enough? that's the issue. >> is there backlash setting in for apple? i was watching tv in the samsung galaxy commercial makes fun of the people waiting in line for the iphone5. everywhere you go, you see the galaxy posters, point your phone up, and you get five free songs. there's fierce
CNBC
Sep 27, 2012 9:00am EDT
. but here in the united states, with respect to the rally, i'm getting a large number of questions. we're getting a large number of questions about whether or not the stimulus boost from federal reserve easing is what it used to be, so to speak. i would remind people take a look at the last couple of instances, we've had similar measures. we've had similar instances of people wondering whether the fed was -- if i had $1 for every time we talked about the fed being out of bullets, i'd have lots of dollars. and we're going through that again. >> they would all be worth less. >> the previous dollar, yes. >> less than maybe ten years ago. not necessarily less than five years ago. >> shame on you for that populist comment there that you should be cutting taxes in europe. at what point do you think the spanish are going to cut taxes given the situation that they're in? shame on you for appealing to your republican base in such a shameless way. >> btig's clients would be interested to know that i had a republican base, but listen. at the end of the day, there isn't a sort of a one-size-fits-a
CNBC
Sep 13, 2012 9:00am EDT
aren't moving anywhere. it's on hope they can get it rationalized. united states is on fire and everyone keeps saying why can't we buy ford. because of latin america and europe. >> facebook, a bit backward looking, but the best day yesterday since that ipo. it's almost you can't say ipo without saying botched ipo. that's the way everybody says it. was there a turn yesterday? >> i think that you're going to have a well p like situation is what people hope. yelp was a giant lock up that expired and all the shorts were piled on. it went up seven. you have to bet that everyone is overly short facebook to get this thing going. i think it's more of the dynamics of the lock up in actual earnings. >> the big lock up is coming november and by november, we'll have more than a million shares hit the market. >> that's a big lock up to overcome. >> aig was remarkable. had 600 million shares hit, but aig of course was valued at half book. facebook, not valued at half book. >> taking a look at the financials, it is worth noting because xlf closed at five-month highs. taking a bit of a brea
NBC
Sep 14, 2012 7:00am EDT
-islam internet movie made in the united states that washington has publicly and repeatedly denounced. >> the united states government had absolutely nothing to do with this video. we absolutely reject its content and message. >> reporter: the protesters aren't listening to that. authorities in cairo are erecting new walls around the embassy to prevent mobs from getting close, evidence in concrete of the growing divide between washington, cairo and beyond. there have been demonstrations against the offensive video in 11 countries so far. half of them in places where washington supported arab spring uprisings that toppled strong men who had formerly been u.s. allies. the arab spring has taken a dark turn. in yemen on thursday, protesters managed to break into the parking lot of the embassy in sanaa, destroying vehicles, smashing windows and even using a forklift to do more damage. no embassy staff was hurt. entering this volatile region now, the pope, leaving rome today for a previously scheduled visit to lebanon. so far there hasn't been any violence there. but today is friday, the mu
FOX Business
Sep 18, 2012 11:00am EDT
the president has taken office, for every one dollar added to the economy, the united states has added more than 3 dollars in debt. while there's been a 12% increase in economic output, there's been a 50% increase in the national debt. those are the numbers. here's something not to get lost today. one of the biggest names in america business says the economy is getting worse. we're going to have more on why fedex is lowering its outlook. dagen: you wonder why oil is selling off. one of the biggest names in the bond market, he is here in studio. bob auwaerter coming on. bank of america, merrill lynch just said gold going to end up going to $2400 an ounce. we know how those often work out. look at oil at $96 a barrel. [ horn honks ] [ male nouncer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...e mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if somet
CNBC
Sep 12, 2012 3:00pm EDT
those good things. so you can start ordering them on friday. it starts deliveries in the united states the following friday on the 21st. we'll have more on this coming up all day here. let's get to brian shactman with his market flash. >> thank you very much, bill. there is news out there outside of apple. i want to take a look at dole foods, the iconic brand now a smaller cap company just under $1 billion. right around 1:00, the nikkei reported. the headline and the subheader, they reported a japanese company was acquire two dole food units for $1.7 billion. the subhead says they hope to reach an agreement this month. the price spiked. the stock is up 10%. back to you. >> thank you so much, brian. if world investors are right, get ready for another intervention to boost the economy. >> mean time, we're going to talk about whether it's needed or not. peter says any fed action is not going to help and it's wrong. others say the economy needs it right now. let's talk about it and get your perspective on this. peter, you saw the employment numbers last friday. you don't think we need more
CNN
Sep 28, 2012 10:00am PDT
is that the united states, and the president in particular, shares that same goal as benjamin netanyahu does of preventing iran from acquiring a nuclear weapon, and so that's sort of the official word coming from the white house to the remarks made by the prime minister yesterday. >> all right. dan lothian, thanks, dan. good to see you, as always. >>> just a handful of swing states could decide who is going to win the presidential race. polls showing president obama with alight edge in several of hers. ul, first of alle've go poll numbers, and it looks like somethese swing states are very much still in play. some not so much. what do we know? >> you know, let's not talk about ohio and florida because we've talked about them so much in the last couple of days. let's talk about the other swing states. a brand new poll out in virginia has the president up by just two points. take a look at that. we factored into a cnn poll of polls. this averages all the most recent polls in virginia. we have it at 49% for obama. 49% for romney. so it's a pretty close call -- close contest in virginia. 13 elect
CNN
Sep 10, 2012 6:00am PDT
is building an offshore oil well in a sea 90 miles off the north slope between the united states and russia. just the possibility of a disaster like the one in the gulf back in 2010 has people in alaska very concerned. alison kosik is at the new york stock exchange. this project has been in the work for six years now? >> there has been. there's even been a two-year delay for more safety testing because of the bp disaster that happened in the gulf of mexico. i want to give you an idea just what this project looks like. this is the animation from shell oil of the site we're talking about. what's happened here is the obama administration, it gave the go ahead to start what it calls limited preparatory activities. that includes installing a blowout preventer. we all learned that term two years ago when pb's blowout preventer failed in the gulf of mexico and launched the biggest oil disaster. that prompted a moratorium on all offshore drilling on new projects. the u.s. geological survey estimates we may be able to get more than 90 billion barrels of oil, carol, from this part of the world. that'
FOX Business
Sep 7, 2012 11:00am EDT
and the top 1% or 2% but you need some sort of tax overhaul to make the united states more competitive. connell: we talk about that a lot. the first part, i think it is pretty interesting especially from you. bill clinton argued nobody could have fooled us out of this economic mess in four years and included himself. it sounds like you think we could have been pull out of it but not in a way that some of argued. some argued we need a completely different prescription altogether. you say we needed more money spent than was spent. >> we needed more targeting of what was spent. health care was important but that should have been the second priority. first priority should have been no different than when roosevelt took office. the economy, stupid. you have to put people back to work and he has not done a good enough job and he has to get the best and brightest together and come up for the real dialogue. this is what i'm going to do. not just sweeping generalities or romney and ryan are retrograde to what failed in the first place. team needs a positive agenda for america. connell: let me a
CNBC
Sep 26, 2012 9:00am EDT
there and are you independent of what happens in the united states as a bank? >> yes, we are focused on the market. even though we have a bank operation, and asset management business, too. and insurance, too. retail banking is the most important at the moment. >> your parent company, santander, still owns 75% of you. it's a bank that needs money, that's why you're going through the ipo. how do i know as an investor that santander won't flood the market with further stock going down the line? >> well, santander has a strategy, a list of different banks in the local markets. to have more community with the markets. and even though we have that company, santander is doing great in retail banking. decisions that are better for the mexican market. >> can you prevent them from selling the other 75% of your bank on the market? >> yeah, they have decided to sell a part because mexico is a very good investment for the group and is one of the main sources of profit and is good for the group. >> before we let you go, mexico's been through many, many debt crises. what is their view of how europe is handling
NBC
Sep 16, 2012 9:00am EDT
to be a hearing on whether or not samsung can even sell some of these products in the united states. >> if you have one, you don't have to give it back, you can keep it, but it may mean you cannot get replacement parts in the future. >> yes. >> this is a broader issue in terms of when you come up with an idea, how you protect it. >> that's correct. so if you take it down to sort of the -- you hear a lot of political campaigns about main street versus wall street, a main street business, someone has an idea and wants to protect it, they'll get a patent on the device and process and build a business around it, hire put food on the table of the employees' families and this is worth protecting. someone steals that idea, they'll want to take action and that's what you see in these patent infringement cases. people view their patents as their property and like you don't want someone taking your house, you don't want someone stealing your ideas. >> how is this different than you come up with a tire and another company comes up with steel belted radial tires? how do you protect your idea? >> you go an
NBC
Sep 14, 2012 4:00pm EDT
ambassadors and better representatives for the united states. and what we stand for. >> during the london games, team usa won 104 medals 46 of them gold. and a record 2.7 million spectators watched the paralympics games this year. >>> there is more to come on news4 at 4:00. a connection controversy. your old charger won't work with the newest iphone. we'll tell you how much money apple could make by forcing you to buy new accessories. >>> and the "today" show gets down gangnam style. david gregory's moves, after the break. >>> it was a cliff-hanger on the finale of "america's got talent" here on nbc last night. america fell in love with these dogs, their back flipping and all their tricks. in addition to the $1 million they'll get a contract to appear in vegas. >> what a night. >> they're really cute. >>> in addition to doing the flips and tricks the dogs can also dance, we discovered. they appeared on the "today" show this morning and found an unlikely dance partner. >> it was none other than nbc's david gregory. take a look here. >> we're going to talk to the winners
NBC
Sep 12, 2012 4:00pm EDT
diplomats were dead. >> the united states condemns in the strongest terms this outrageous and shocking attack. >> reporter: riots preceded the deaths, first in ki yo, then in benghazi, syria's number two city, well known to chris stephens. he was there when u.s. air raids prevented a massacre by moammar gadhafi. stephens reportedly braved the otto evacuate his people. >> he risked his life to stop a tyrant, then gave his life trying to help build a better libya. >> reporter: why the riots? clips had flooded the internet of an amateurish anti-muslim movie said to be made in the u.s. as flags were lowered in washington, the tragedy went political. >> an apology for america's values is never the right course. >> reporter: mitt romney blamed president obama for a statement by the u.s. embassy in cairo before the murders in libya, criticizing the anti-muslim movement. >> we express immediately when we feel that the president and his administration have done something which is consistent with the principles of america. >> reporter: president obama reiterated his principles. >> we reject all
CNBC
Sep 25, 2012 9:00am EDT
in lebanon or destroi a cool in tune this -- he does not think that the united states can live with the nuclear armed iran. carl, one point to think about as we think about the president's remarks here, he's been under fire f, and the obam camp is making an important issue, obama is clearly walking a tightrope today and doesn't want to threat up his re-election chances. a very dell rat moment politically. >> not to mention anyone trying to drive in midtown manhattan. let's goat to headquarters with the market flash. >>> shares of carnival are higher 3.5%. what we heard from them, better than that, at the same time, you'll see this tempered stock and this stock is trading higher. >>> still ahead, marissa meyer announces her grand plan. >>> and "squawk on the street" will be live with both organizations. we don't call this our company, we call this our mission. green toys teaches children that if i have a milk jug and i stick it in the recycling bin it can turn into something new. chase allows us to buy capital equipment to be able to manufacture in the states to the scale we nee
CNBC
Sep 4, 2012 9:00am EDT
manufacturing contracting here in the united states. yesterday, we learned it's contracting in the china for the first time since november and in europe, it continues to contract. and yet, you think that the market is well supported here, why? >> i think it's going to be a range bound market. i think right now, we're in the tougher end of the range. there are two things that are supporting the market. one, there is an economic value to entities and so the lbo or acquisition value is providing support. to the extent companies return cash to shareholders, that offers some support. >> do you see many acquisitions in the market at the moment? >> no, and that's one of the things that's been surprising and disappointing at the same time. it's interesting. there are areas of the market where you've seen capital flow to economic opportunity. for example, buying single family homes to rent them out. which is an arbitrage that was made available by the decline housing prices you haven't seen a comparable level of activity on the corporate side, which is surprising. there are a couple of opportunit
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